1136 E Ridgewood ST Save Request In-Person Tour Request Virtual Tour
Long Beach,CA 90807
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 2,456 sqft
Price per Sqft $569
Subdivision Bixby Knolls (Bk)
MLS Listing ID PT24193090
Year Built 1947
Lot Size 6,098 Sqft
Property Description
Discover an exceptional investment opportunity with this stunning triplex located at 1136 E Ridgewood Street in the highly desirable neighborhood of Bixby Knolls, Long Beach. This property has a blend of modern living and strategic investment with an attractive cap rate of 5.66. The triplex includes a front home with approximately 1136 square feet, 3 bedrooms, and 2 bathrooms, while each of the two back units approximately 650 square feet with 2 bedrooms and 1 bathroom. Key features include maximizing rental income potential and modern amenities such as fully paid-off solar panels. Located directly across from Clara Barton Elementary School, this property provides unmatched convenience for families in a charming community setting. Whether you're an investor seeking a high-yield asset or a home buyer interested in living in one unit while receiving rental income from the others, this property is the perfect choice. Don't miss the chance to own a piece of this thriving community.
Location
State CA
County Los Angeles
Area 6 - Bixby, Bixby Knolls, Los Cerritos
Zoning LBR1N
Rooms
Ensuite Laundry Electric Dryer Hookup,Gas Dryer Hookup,Inside
Interior
Laundry Location Electric Dryer Hookup,Gas Dryer Hookup,Inside
Heating Central,Electric,Solar
Cooling Central Air,Electric
Fireplaces Type Gas
Laundry Electric Dryer Hookup,Gas Dryer Hookup,Inside
Exterior
Garage Uncovered
Pool None
Community Features Curbs,Street Lights,Sidewalks
Utilities Available Electricity Connected
Roof Type Shingle
Building
Lot Description Back Yard,Front Yard
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan,Conventional
Listing Terms Cash to New Loan,Conventional
Special Listing Condition Standard